Saturday, March 12, 2011

California Man Accused Of Embezzling $162K From Non-Profit

Thomas Ray Martin, 47, of Concord, California, has been charged with embezzling some $162,000 from the Discovery Counseling Center of the San Ramon Valley, a Bay Area non-profit mental health organization where he had served as director. According to authorities, Martin used a debit card linked to the checking account of the organization to pay for personal expenses and luxury items. His misappropriations allegedly spanned more than three years, from July 2007 until September 2010. The thefts were quantified after an audit was conducted following allegations of Martin's misconduct and he was terminated last October. Martin has been charged with 4 felony counts of grand theft by embezzlement and has pleaded not guilty.

Read the story here, here and here.

Hat tip: Reader Cheryl

Update (9/19/11): Martin has now reportedly paid some $100,000 of the restitution he owes the Discovery Counseling Center of the San Ramon Valley. 

No comments: